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Unemployment At 5.7 Per Cent – Biggest Drop In The Nation

Victoria’s unemployment rate has dropped to 5.7 per cent – the biggest drop in the nation – and is now the second lowest in Australia. Australian Bureau of Statistics labour force data released today shows that, over the year to October 2017, Victoria’s full-time employment..

Victoria’s Finances And Economy In First-Rate Shape

The first official financial report for the 2017-18 financial year shows Victoria’s economy is strong and growing, with a quarterly operating surplus of more than half a billion dollars. The 2017-18 Quarterly Financial Report No. 1, tabled in Parliament today by Treasurer Tim Pallas, shows Victoria’s economy..

MATTERS OF PUBLIC IMPORTANCE Housing affordability

Mr PALLAS (Treasurer) (14:32:18) — It gives me great pleasure to rise in support of the matter of public importance because, quite frankly, the Andrews government is instituting a real change to make housing more affordable for first home buyers and also to make renting fair. Importantly,..

Millions In Unclaimed Money Waiting To Be Collected

New figures show that more than 800,000 Victorians have no idea they have an unexpected windfall of unclaimed money being held by the State Revenue Office (SRO). Tens of millions of dollars are waiting to be claimed, ranging from $20 all the way up to..

MEMBERS STATEMENTS Wyndham Tech School

Mr PALLAS (Treasurer) (09:45:42) — I am delighted to inform the house that recently I joined the outstanding Minister for Education to turn the sod to commence construction of Wyndham Tech School on Victoria University’s Werribee campus. Wyndham Tech School will mean so much for students, teachers..

Victoria’s Building and Export Sectors Surge

The latest building approvals and international trade data shows Victoria’s dynamic economy continues to generate robust business activity across the state. New data from the Australian Bureau of Statistics (ABS) released today shows Victoria experienced the largest growth in September among all mainland states for..

Payroll Tax Relief To Grow Victoria’s Skilled Workforce

The Andrews Labor Government is boosting Victoria’s skilled workforce by lowering the cost of employing apprentices and trainees. The Payroll Tax Act 2007 introduced into Parliament this week will exempt Group Training Organisations (GTOs) that are run as for-profit organisations from paying payroll tax on..

Fairer And More Consistent Land Valuations For Victorians

The Andrews Labor Government is making land valuations fairer and more consistent. Under legislation introduced into Victorian Parliament today, valuations will be conducted annually by the Valuer-General instead of by local councils every second year as they are currently. By undertaking annual valuations, land and..

MORE DRUG REHABILITATION BEDS ACROSS VICTORIA

The latest building approvals and international trade data shows Victoria’s dynamic economy continues to generate robust business activity across the state. New data from the Australian Bureau of Statistics (ABS) released today shows Victoria experienced the largest growth in September among all mainland states for..

STATE TAXATION ACTS FURTHER AMENDMENT BILL 2017 Second reading

Mr PALLAS (Treasurer) — I move: That this bill be now read a second time. Speech as follows incorporated into Hansard under standing orders: I am pleased to introduce this bill which amends Victoria’s taxation and valuation laws including the Congestion Levy Act 2005, Duties Act 2000,..

Victorian Gas Research In Full Flight

The Andrews Labor Government is taking the search for future offshore gas resources to new heights by using hi-tech aircraft for aerial gravity surveying. Minister for Resources Tim Pallas announced the initiative today during an opening address to the International Mining and Resources Conference in..

MORE DRUG REHABILITATION BEDS ACROSS VICTORIA

The Andrews Labor Government is delivering an extra 100 residential rehabilitation beds over the next six months to deal with the devastating impacts of drug and alcohol addiction on local communities. The first 12 beds of this significant expansion are operational in the coming weeks..

STRENGTHENING FAMILY CAPABILITY IN THE WERRIBEE ELECTORATE

The Victorian Government is boosting support to vulnerable children and families in the Werribee electorate with funding for prevention and early intervention support services. Member for Werribee Tim Pallas today announced that organisations in the Western Melbourne area will receive an additional $978,638.30 to deliver..

INTERVENING EARLY TO SUPPORT VULNERABLE FAMILIES

The Victorian Government is boosting support to vulnerable children and families in the Werribee electorate with funding for prevention and early intervention support services. Member for Werribee Tim Pallas today announced that organisations in the Western Melbourne area will receive an additional $978,638.30 to deliver..

Federalism – where to from here?

Federalism – where to from here? Tim Pallas, Victorian Treasurer – 23 October 2017 – McKell Institute Victoria For the last 26 years, Australia has enjoyed an uninterrupted period of economic growth. This is a success unparalleled anywhere in the world. While often overlooked, one..